A bicycle retailer fixed the price of a bicycle as ₹9500. A customer purchased the bicycle on which he paid 12% GST additionally. What is the purchase price of the bicycle?

₹10640

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₹10660

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₹10460

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₹10480

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Solution

The correct option is A ₹10640
Marked price of a bicycle $= ₹ 9500$

GST applied on the purchase $= 12$ %

Purchanse price of the bicycle
$= 9500 + 12$ % of $9500$
$= 9500 + (\frac{12}{100} \times 9500)$
$= 9500 + (12 \times 95)$
$= 9500 + 1140 = ₹ 10640$

The correct option is A.

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A bicycle retailer fixed the price of a bicycle as ₹9500. A customer purchased the bicycle on which he paid 12% GST additionally. What is the purchase price of the bicycle?

The correct option is A ₹10640Marked price of a bicycle =₹9500 GST applied on the purchase =12% Purchanse price of the bicycle =9500+12% of 9500 =9500+(12100×9500) =9500+(12×95) =9500+1140=₹10640 The correct option is A.

The correct option is A ₹10640
Marked price of a bicycle $= ₹ 9500$

GST applied on the purchase $= 12$ %

Purchanse price of the bicycle
$= 9500 + 12$ % of $9500$
$= 9500 + (\frac{12}{100} \times 9500)$
$= 9500 + (12 \times 95)$
$= 9500 + 1140 = ₹ 10640$

The correct option is A.